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Capital FinancingQuestion 1a) What is the Net Present Value (NPV) of each investment? Which investment (if either) should the company undertake? [pic 1]Or, reflecting the outlay as CF0, [pic 2]Where,CFt = After-tax cash flow at time tr = Discount rateOutlay = Investment cash flow at time zero1) NPV of LED project = -RM4,200,000 + + + + + +.